This week in embedded finance
Stripe is on a roll this week. Earlier this week, they announced the general availability of Stripe Capital for Platforms. Easy financing based on Stripe Connect receivables. The loans are automatically repaid out of future revenues.
Then yesterday came the announcement of Stripe Treasury. It’s currently invite-only but rounds out a complete suite of tools for embedded finance applications.
Splitit is a bit of a different spin on BNPL (buy now, pay later) which doesn’t require a credit check and charges lower fees to merchants. A number of credit cards (like Chase) are even offering similar options natively inside customer accounts.
Speaking of BNPL, Creditkey focusing on B2B buyer financing. The metrics they share for conversion and order size lift are really something.